N.Y. invests $10 million for new smart grid enhancements

The state of New York has earmarked $10 million from Gov. Andrew Cuomo's Energy Highway Blueprint to fund a range of smart grid projects dedicated to boosting energy performance and efficiency, and lowering the power industry's carbon footprint. "This funding will support innovative projects to implement our Energy Highway Blueprint and make New York's electric grid one of the most advanced in the nation," Cuomo said. "Modernizing the electric grid will not only help us meet current challenges in demand, efficiency, and costs to customers, but will also set New York up as a leader in smart energy practices for years to come."